Malden is a larger medium-sized city located in the state of Massachusetts. With a population of 66,693 people and 13 associated neighborhoods, Malden is the 16th largest community in Massachusetts. Much of the housing stock in Malden was built prior to World War II, making it one of the older and more historic cities in the country.
Housing costs in Malden are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Massachusetts.
Also of interest is that Malden has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 17.62% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One thing noticeable about Malden, although not a huge city, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Malden is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Malden a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
One downside of living in Malden is that it can take a long time to commute to work. In Malden, the average commute to work is 35.28 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the city, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly city. Many of Malden’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.
For the size of the city, public transportation in Malden is quite heavily used. Mostly, people who use it for their daily commute are taking the subway. For Malden, the benefits are reduced air pollution and congestion on the highways.
The citizens of Malden are among the most well-educated in the nation: 44.91% of adults in Malden have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Malden in 2022 was $47,303, which is lower middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $189,212 for a family of four. However, Malden contains both very wealthy and poor people as well.
Malden is an extremely ethnically-diverse city. The people who call Malden home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Malden residents report their race to be White, followed by Asian. Important ancestries of people in Malden include Irish, Italian, Haitian, English, and Brazilian.
Foreign born people are also an important part of Malden's cultural character, accounting for 40.77% of the city’s population.
The most common language spoken in Malden is English. Other important languages spoken here include Chinese and French Creole.